The Resource Exchange rate pass-through and monetary policy in Croatia, Andreas Billmeier and Leo Bonato

Exchange rate pass-through and monetary policy in Croatia, Andreas Billmeier and Leo Bonato

Label
Exchange rate pass-through and monetary policy in Croatia
Title
Exchange rate pass-through and monetary policy in Croatia
Statement of responsibility
Andreas Billmeier and Leo Bonato
Creator
Contributor
Subject
Language
eng
Summary
Exchange rate targeting is considered the best policy option in dollarized economies when wages and prices are indexed to the exchange rate. Croatia is a highly dollarized economy, but empirical investigation conducted in this paper shows that exchange rate pass-through has been low after stabilization. This finding, which is robust to different methodologies (VAR, cointegration), would suggest that dollarization is mostly limited to financial assets and therefore that strict exchange rate targeting may not necessarily be the best option. However, policy implications are unclear due to the endogeneity of the pass-through to the policy regime
Member of
Action
digitized
Cataloging source
OCLCE
Government publication
international or intergovernmental publication
Illustrations
illustrations
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 no.02/109
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/02/109
Label
Exchange rate pass-through and monetary policy in Croatia, Andreas Billmeier and Leo Bonato
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 32-34)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn646984222
Dimensions
unknown
Extent
1 online resource (34 pages)
File format
one file format
Form of item
online
Isbn
9781451898804
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
http://library.link/vocab/recordID
.b37173807
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)646984222
  • imf1451898800
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

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      -38.195656 144.304955
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